Pension Access Account
The Pension Access Account allows members 65 years and over to manage their finances wisely and enjoy a more comfortable lifestyle.
- Base rate
- 0.35%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable Must be age over 65 and earning a pension to have this account. | 0.35% | PENSION ACCESS ACCOUNT_Tier_3 | monthly |
| Variable Must be age over 65 and earning a pension to have this account. | 0.2% | PENSION ACCESS ACCOUNT_Tier_2 | monthly |
| Variable Must be age over 65 and earning a pension to have this account. | 0.1% | PENSION ACCESS ACCOUNT_Tier_1 | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| Visa Debit Cash Advance Where credit option is selected for cash/cash and purchase transaction | Withdrawal | $0.70 |
| EFTPOS Including declined transactions | Withdrawal | $0.70 |
| Dishonour Fee Where there is not enough money in the account to pay a direct debit that the customer has setup. | Dishonour | $15.00 |
| International Transaction Fee Over The Counter Transaction Fee charged at the result of sending an International Transfer via a staff assisted channel. | Withdrawal | $30.00 |
| International Transaction Fee via Online Banking Transaction Fee charged at the resulting of sending an International Transfer via Online Banking. | Withdrawal | $20.00 |
| Foreign Currency Conversion Fees Foreign Currency will be converted to Australian currency at the wholesale market rate by VISA. | Transaction | 3% of transaction |
Features
- Notifications — Notification via email, SMS or secure message in online banking.
- SMS and/or email notifications available
- Account sweep available Our sweep service automatically transfers funds from certain savings accounts to cover most transactions which would otherwise exceed your transaction account's available balance.
- Real-time payments (NPP)
- An account of this product type can be used to receive funds as a result of a BSB/Number based NPP payment. Osko by BPAY available
- Digital banking
- Access is available to online banking features for the product. Banking app available
- PayID
- An account of this product type can be used as the target of an NPP PayID. Osko by BPAY available
- Bill payment (BPAY)
Eligibility
- You will need to become a member of the Credit Union before we can issue The Capricornian Account and Access Facility to you
- Individuals onlyMust receive an aged pension into their Capricornian account or be a self-funded retiree aged over 65 years of age.
- Residency status — Individuals must be citizens or permanent residents of Australia.
More Information
Published by The Capricornian under the Consumer Data Right · Last updated 28 April 2026 · Product ID 8921bfda-33cd-4dbc-867d-54405ca11e1f · View on CDR.gov.au